The Foreign Exchange market, is also referred to as the "Retail forex" "FOREX" or "Spot FX" or “FX” or just "Spot" is the biggest financial market in the world, with a volume of more than $2 trillion a day. If you compare that to the $25 billion a day volume that the New York Stock Exchange trades, you can simply see how enormous the Foreign Exchange really is. It really equates to more than three times the total amount of the stocks and futures markets combined! Forex market is gigantic!
Friday, July 24, 2009
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